The Cubao Lions Club Scholarship Foundation has been in existence for more than a decade, but its roots can be traced far back into the club’s infancy. During the term of Lion President Andy Dijuanco (LY 1975-’76), Lion Treasurer Ben Sanchez first conceived of the idea wherein all cash balances at the end of every Lion Year should go to a special fund of the club. Under this concept, an incoming administration shall have to start with a zero balance in its finances. The concept was approved and first implemented during the succeeding administration of Lion President Marte Iglesias. From then on, an incoming administration always had to raise its own funds to finance all club projects and activities. At the end of every term, all remaining finances were transferred to the special fund created. More »

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